Disney CEO Search Now Considers External Candidates

CEO Search Expanded

Bob Iger, the retired CEO of Disney, has been working closely to find his replacement.

The company previously considered only internal candidates. However, recent reports suggest that they have since expanded the search to include external candidates.

Timing of the Announcement

The news comes after Disney announced a better-than-expected earnings report for the first quarter.

The company also announced that its streaming services have gained nearly 15 million new subscribers in the past three months.

Potential Candidates

One possible external candidate is Christine McCarthy, the CEO of AMC Theatres.

Other potential candidates include Comcast CEO Brian Roberts, former Netflix content chief Ted Sarandos, and former Warner Bros. CEO Kevin Tsujihara.

Challenges Facing Disney

The new CEO will face several challenges, including the ongoing COVID-19 pandemic and the increasing competition in the streaming market.

The company is also facing pressure from investors to increase shareholder value.

Expectations for the New CEO

The new CEO will be expected to have a strong track record in the media and entertainment industry.

They will also need to be able to navigate the complex regulatory environment in which Disney operates.

Conclusion

The search for Disney's next CEO is a critical one for the company.

The new CEO will play a key role in shaping the company's future and ensuring its continued success.